All mail sent to the Tax Division office in Juneau through the U.S. Postal Service must be addressed to P.O. Box 110420, Juneau, AK 99811. Beginning Oct. 1, the Post Office will not deliver mail to the division’s Willoughby Avenue address, and the mail will be returned to the sender. In those cases, tax returns and payments may miss their filing deadline. This change does not affect the Anchorage Tax Division office.

Alaska Salmon Price and Production Reports2017 Annual Report

Alaska requires large processors that sell salmon products at wholesale to provide production and price information to the Department of Revenue’s Tax Division. This information is used to publish average wholesale price information for the Alaska Legislature and the public.

Reports

Processors selling salmon products at wholesale are required to file price reports on salmon for the periods January through April, May through August, and September through December. The tri-annual reports are due by the end of the month following the tri-annual period.

Processors must also file annual reconciliation reports by Jan. 31 of the following year.

Exemptions

Processors excluded from the tax under AS 43.75.017, and processors that sell 1 million pounds or less of salmon products annually are exempt from the report filing requirements.

History

1980 – The Legislature enacted salmon price reporting requirements for salmon canneries. Effective Sept. 10, 1980, the department was required to compute and report to the Legislature the average wholesale prices obtained for canned salmon reported by Alaska salmon canneries during the months of August, September, October, November, and December for the previous five years.

1983 – The Legislature imposed a semi-annual report filing requirement on salmon canneries. Effective July 9, 1983, salmon canneries were required to report prices received for canned salmon for the periods October through March, and April through September. Reports were due by the end of the month following the semi-annual reporting period, and the canneries were required to list products by case and specified can sizes. The legislation required the department to calculate monthly and annual wholesale price averages for each species of salmon in each unit category and to report that information to the Legislature by the 15th day of each legislative session.

1998 – The Legislature expanded the reporting requirement to thermally processed salmon products and limited the reporting requirement to processors selling more than 240,000 pounds of thermally processed salmon products at wholesale during the calendar year.

The legislation replaced the semi-annual filing with a tri-annual filing, and required processors to report all container sizes of thermally processed salmon. Effective Sept. 1, 1998, all salmon canneries were required to report prices received for thermally processed salmon for the periods January through April, May through August, and September through December. The reports were due by the end of the month following the tri-annual reporting period, and all the salmon canneries were required to list thermally processed salmon products by whatever sizes sold.

2000 – The Legislature broadened the reporting requirement to include all processed salmon products and increased the reporting requirement to include only those processors selling more than 1 million pounds of salmon products at wholesale. Effective Sept. 1, 2000, large processors were required to provide areas of production for each salmon product sold at wholesale. The legislation requires salmon processors to file an annual report summarizing yearly activity, and requires the department to provide average wholesale prices paid for salmon products by March 15 of each year.